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Saurashtra Cement Ltd posts Rs. 7.16 crore consolidated loss in Q2 FY2021-22



Posted On : 2021-10-29 16:04:35( TIMEZONE : IST )

Saurashtra Cement Ltd posts Rs. 7.16 crore consolidated loss in Q2 FY2021-22

The Board of Directors of SAURASHTRA CEMENT LTD., at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 180.4788 crore, against ₹129.4540 crore in the corresponding quarter of the previous year (YoY) and ₹168.1619 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-7.1619 crore, against ₹11.74 crore in the corresponding quarter of the previous year (YoY) and ₹12.8863 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-1.02, against ₹1.67 in the corresponding quarter of the previous year (YoY) and ₹1.82 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 180.4788 crs ₹168.1619 crs Up Tick / Down Tick7.32% ₹129.4540 crs Up Tick / Down Tick39.42%
Net Profit ₹-7.1619 crs ₹12.8863 crs Up Tick / Down Tick-155.58% ₹11.74 crs Up Tick / Down Tick-161.00 %
EPS ₹-1.02 ₹1.82 Up Tick / Down Tick-156.04% ₹1.67 Up Tick / Down Tick-161.08%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹348.6407 crore, against ₹229.4771 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹5.7244 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹19.9894 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹0.81 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹2.84 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹348.6407 crs ₹229.4771 crs Up Tick / Down Tick51.93%
Net Profit ₹5.7244 crs ₹19.9894 crs Up Tick / Down Tick-71.36%
EPS ₹0.81 ₹2.84 Up Tick / Down Tick-71.48%

Shares of SAURASHTRA CEMENT LTD. was last trading in BSE at Rs. 89.45 as compared to the previous close of Rs. 92.05. The total number of shares traded during the day was 16412 in over 198 trades.

The stock hit an intraday high of Rs. 92.80 and intraday low of 89.00. The net turnover during the day was Rs. 1474484.00.

Source : Equity Bulls

Keywords

SaurashtraCement Q2FY22 H1FY22 ResultUpdate